Business Transforming Development

This focus area covers the role and impact of the private sector in global development. From small social enterprises, to multinational corporations, the private sector is playing a role in development – through new business models, new ways of funding and innovation.

Business Transforming Development

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The Asian Development Bank's country operation business plans are critical to the bank's funding. Devex breaks down the COBPs into yearly data to identify which countries and sectors ADB plans to invest in and where things are changing.

As the private sector still struggles to balance profits and sustainability, the Global Compact Network Australia conference will highlight how corporates can transition to a rights-based approach that puts purpose over profit.

The Global Partnership for Education is moving closer to approving a private sector strategy that precludes financing for-profit education providers. But education advocates are calling for tighter definitions and greater transparency.

Rep. Maxine Waters told U.S. Treasury Secretary Mnuchin on Tuesday that unless the World Bank shows greater transparency, her committee will not prioritize a capital increase for the bank's private sector arm.

Devex sits down with Acha Leke, McKinsey’s Africa chairman and co-author of "Africa’s Business Revolution: How to Succeed in the World’s Next Big Growth Market," to learn his top tips on how to conduct business in Africa.

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